The number of people who have now died in Italy because of the novel coronavirus outbreak has crossed that of mainland China even as the richest countries of the world announced assistance packages of unprecedented amounts into the global economy.   3,405 people have succumbed to Covid -19,...

After declaring the fast spreading and deadly coronavirus as a global epidemic last month, the World Health Organization (WHO) has now declared the virus outbreak that causes the disease Covid19 as a pandemic – the highest threat level that of the global health body.   The WHO said that...

Countries that have been hit by the coronavirus outbreak will be given financial aid of $50bn the International Monetary Fund (IMF). At the same time, the global institution also warned that the global economic growth for the year will be lower than what was achieved last year because of the hit by...

Covid-19 – the official name for the Wuhan coronavirus, is a variant of the coronavirus family which is novel and completely new. It has a similar origin – like all other coronaviruses – from animals. It has been reported that many of those who were initially infected were either working the Huanan...

At least 26 people have now been killed by the fatal flu-like coronavirus disease which is also spreading fast throughout Asia. According to new reports, more than 900 people have been taken sick by it worldwide and reports of cases have been coming in from the United States and Europe.  ...

It is touted that one of the cleanest sources of energy is geothermal energy because it is free of any carbon emissions, is renewable and efficient, so much so that even those who are indifferent to clean energy at the United States Department of Energy cannot but praise this energy source saying,...

The plan of a Chinese delegation that had come to Washington to take part in the face to face trade negotiations with United States to stay back after the talks to visit US farm areas has been cancelled. According to reports, the Chinese trade delegation has going back home following the end of the...

The ‘toughest ever’ sanctions against Iran were announced by on Friday by the United States president Donald Trump while also indicating that there were no plans for any military actions against Tehran. Trump also termed restraint to be a sign of strength.   Sanction related actions against...

Three North Korean hacking groups have been identified by the United States to have been behind the "WannaCry" ransomware attacks as well as involved in the hacking of international banks and customer accounts and the US Treasury announced sanctions on the hacking groups on Friday.   The...

Amidst an increased business confidence over financial health of the country fueled by enhanced political tensions before the general elections in October, Argentina is planning to seek an extension of the terms for the private debt and the debt from the International Monetary Fund (IMF), the...

Four years ago, the Prime Minister of Australia had warned that the country was heading towards “a Greek-style economic future”. He was referring to the economic policies that had been undertaken under the previous Labor government.   In 2013, the federal government’s budget deficit was 3...